(Original post by IZZY!)
and?dont all politicians are taking **** before and during elections?well they dont talk ****. they are trying to persuade people to vote for them.all politicians will promise great things so that public would vote for them.It is not words, it is the actions.

It shows the rejection of the current heavily socialist economic model which has been proven to not work in Germany and the redirection to a more competitive, UK like one.

(Original post by IZZY!)
well she didnt come to power yet. she is just making promises. lets see if she is the Iron Lady. Some people have already said no to it, because she is going to increase VAT to 18%

I was just using her as an example as the growing change in the outlook of Germans.

(Original post by Trier)
The overall economy size is similar- and perhaps greater when you consider the increasing size of the EU.

And, as I have shown- GDP growth isn't that radically different (and the US has it's own economic problems to solve) so Europe is hardly falling by the wayside.

also,even if it is true that US gdp per capita growth rate is similar to EU's, I think the gdp per capita growth rate for the higher gdp per capita means the growth rate is higher. So much more new money are generated.

(Original post by IZZY!)
also,even if it is true that US gdp per capita growth rate is similar to EU's, I think the gdp per capita growth rate for the higher gdp per capita means the growth rate is higher. So much more new money are generated.

The reason the US GDP is growing faster is a lot to do with the fact that its population is growing quickly, whilst the EU's is stabilising.

(Original post by Trier)
The reason the US GDP is growing faster is a lot to do with the fact that its population is growing quickly, whilst the EU's is stabilising.

i think thats where USA's advantage comes. The taxes in USA are not going to rise as in EU in order to support the elderly people, because the working population in USA is higher. With higher taxes, always comes less public expenditures. And thats where economy collapse comes.

(Original post by IZZY!)
i think thats where USA's advantage comes. The taxes in USA are not going to rise as in EU in order to support the elderly people, because the working population in USA is higher. With higher taxes, always comes less public expenditures. And thats where economy collapse comes.

Well, it is certainly a problem which will have to be tackled.

The US has the benefit of immigration, and the EU can always open the floodgates if neccessary.

Let us not forget that the US also has problems though- General motors is failing under the weight of health insurance claims.

EU citizens have also been saving far more for their retirement and are in less debt than their US counterparts- a problem when the US pensions crisis arrives.